MetaTrader 4 (MT4) demo account
Open a free MT4 demo account to trade CFDs on a wide range of forex pairs, indices, commodities and cryptos.
Trade $10,000 of virtual cash
Competitive spreads and margins across several asset classes
Test strategies and use MT4’s Expert Advisors to automate your trades
Trade forex from 0.0 pips* on six major FX pairs with our new FX Active account
*Commission is charged at 0.0025% per transaction. MT4 commission charged up front for opening and closing.
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MetaTrader 4
MetaTrader 4 (MT4) with CMC Markets
Utilise the power of algorithmic trading on MT4 and sign up for an account to trade CFDs with CMC Markets. Experience tight spreads and transparent trade execution in 66ms† on over 200 instruments.
Competitive spreads
Access competitive spreads on 200+ instruments including FX pairs, indices, commodities, and cryptos.
No partial fills
Get the trade you want – we don't reject or partially fill trades based on size
Free premium indicators and EAs
Advanced charting tools, EA's and algorithmic trading.
Experts in our trade
Receive local support backed by over 30 years’ global trading experience.
†MT4 market orders CFD average trade execution time, August 2023. Your execution time may differ.
Why open an MT4 demo account with us?
A MetaTrader 4 demo account allows you to practise trading across key global markets. Get to know the platform and practise your trading strategies risk-free.
Access our library of free MT4 indicators and add-ons. MT4 offers a wide range of technical analysis tools and indicators, allowing you to analyse market trends and make informed trading decisions.
Get consistently low spreads from 0.5 pts on key currency pairs with our standard trading account OR choose an MT4 FX Active account for transparent pricing from 0.0 pips on 6 major fx pairs plus a low commission at $5 per lot round turn**.
Utilise MT4's powerful charting and innovative trading tools, enhancing market analysis. CMC Markets also offers Autochartist for free when opening an account with us
**Available for FX Active accounts only. Commission is charged at 0.0025% of transaction value, upfront for opening and closing trades. View the T&Cs here
Practise trading on a free MT4 demo account
An MT4 demo account with CMC Markets allows you to trade across a number of asset classes in a risk-free environment.
Trade on currencies, indices and commodities.
Access our free library of MT4 add-ons and indicators, including pivot points and renko charts.
Draw freehand on charts.
Develop, test and apply your own algorithms. No coding needed.
MT4 markets and details
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Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided by CMC Markets for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions. Number of instruments available on MT4 may vary.
How to switch from an MT4 demo to a live account
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MT4 platform
Frequently asked questions
How to open a demo MT4 account
These are the steps to open a demo account with MT4:
Create an MT4 password within the admin portal
Follow the live account login steps outlined above (but select the demo server – you can find the server name at the top of the emails we sent you during the application process)
How to fund your account
Fund your MT4 account through the admin portal on a PC or Mac or via our MT4 funding portal on your mobile.
Funding via Desktop
Once you’ve logged in, use the open ‘Payments’ window to deposit via card, PayPal or bank transfer. If the payments window is not open, please select this from the main navigation menu.
Note: Your MT4 platform and the admin portal have different passwords which are not kept in sync.
Funding via a Mobile Device
Add our MT4 funding portal to your mobile device for quick funding access by following the steps below:
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1.) Open the Safari browser app on your phone. |
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How is margin charged on MT4?
If you are going long and short on the same product at the same time on MT4, you will be charged margin in addition to fees (namely holding costs) on both sides of the trade.
Please note that shorting certain instruments may not be permitted - check the 'Product Overview' for confirmation.
Download MT4
Firstly, you will need to download and install the MT4 platform.
You can do so via the admin portal or the button below. Please note the download link does not work on mobile and tablet devices.
Where can I download and install MT4?
For further information on how to download and install MT4, you can read our guide here.
How to log in for the first time?
Please remember that your MT4 password is different from your CMC Markets admin portal password. To set your MT4 password, please log in to the admin portal using the password you created on the application form.
1. Launch the MT4 platform. The icon shortcut should be available on your desktop once you have downloaded and installed MT4.
2. Connect to the CMC server. You can find the server name at the top of the emails we sent you during the application process.
3. Select ‘Existing trade account’ to log in.
4. The following details will now be required:
a) Login (this is your MT4 account ID)
b)Your MT4 password
5. You should now be logged in. You can verify this by looking at the 'Journal' tab and the icon in the status bar at the bottom.
Why do I need two passwords?
When you trade on MT4 with us, you need one password to log in and trade on the MT4 platform, and one to log in to the admin portal.
In the admin portal, you can fund your MT4 account quickly and easily, manage your passwords and view your account balance. You can also view your open positions.
You admin portal password is the one you specify in our online MT4 application form (or your existing CMC Markets Platform password if you already have an account with us).
Your MT4 password can then be set up within the admin platform.
How to log in after the first time
1. Launch the MT4 platform. The icon shortcut should be available on your desktop. The MT4 platform will open on your screen.
2. In the ‘Navigator’ section on the left of the platform you should see the account you first logged in with. The Navigator window can be toggled on and off using Ctrl+N.
3. Select (double-click) the account you want to access and enter the following details:
a) Login (this is your MT4 account ID)
b) Your MT4 password
4. You should now be logged in. You can verify this by looking at the ‘Journal’ and the icon in the status bar at the bottom.
What products can I trade on MT4?
We currently offer selected forex, indices and commodities products. You can also trade on shares through our CMC Markets Platform via a separate CMC CFD account.
Can I use MT4 on a Mac?
MT4 is designed to be used on a PC using what is called a .NET framework. For information on installing on a Mac device, please refer to this link.
Can I use MT4 on mobile?
Yes. MT4 can be used on Android and Apple devices. Simply search for ‘MT4’ in the Google Play and App Store.
How do I view my MT4 trade history?
To view your trade history through MT4, log in to MT4 and go to the 'terminal' window.
Choose the 'account history' tab at the bottom of the terminal window. From here you can right click anywhere within the window; this will prompt you to select which history you'd like to download.
How do I add an Expert Advisor or indicator to MT4?
To add an EA, open MT4 and go to ‘file.’ Then ‘open data folder’. Choose ‘MQL4’, and then ‘expert advisors’ or ‘indicators’.
You can then copy the file you want to add and drag/drop it into your preferred location. Close and reopen MT4, and you should see the item in the navigator window.
Why do I need a CMC Markets Platform account for MT4?
We use our native built, award-winning CMC Markets Platform to facilitate funding limitations within the MT4 platform and provide a secure funding process for our clients.
On top of funding, withdrawals and account information, your access to this CMC Markets Platform account also offers a market calendar, Reuters and client sentiment tools.
Where can I view my statement and account balance?
You can find your MT4 account statements within the CMC Markets Platform account.
You can access this by clicking on “Statement Centre” located in the "Account tab", which is found on the main menu.
What is the maximum trade size for MT4?
The maximum trade size varies depending on the product.
For more specific product information, right-click on the product inside the ‘marketwatch’ window and select “specification.” This will provide more detailed information about minimum and maximum trade size for that product.
What is the maximum margin and other costs associated with MT4?
The MT4 platform is free. Standard holding costs and spreads apply to most products as with our CMC Markets Platform.
For a complete picture of related costs, please log in to the CMC Markets Platform portal and locate the “product overview” information window for that product to see the complete list.
What server do I use to access CMC Markets prices?
For your demo account, you will need to use: “CMCMarkets1-Demo”.
For your live account, you will need to use: “CMCMarkets1-Live”.
How do I download MT4 indicators and add-ons?
You can learn more about MT4 indicators and add-ons, and download them for free here.
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